The market watchdog imposed a fine of Rs 2 lakh on Nippon Life India Asset Management Limited and Rs 1 lakh on Nippon Life India Trustee Limited. They were held guilty in violating total expense ratio (TER) norms prescribed by the regulator The market watchdog imposed a fine of Rs 2 lakh on Nippon Life India Asset Management Limited and Rs 1 lakh on Nippon Life India Trustee Limited. They were held guilty in violating total expense ratio (TER) norms prescribed by the regulator Economic Times
March 14, 2025
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